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Updated about 1 year ago,
First Property Not Renting
Hello BP community. I bought a new duplex (3b/2b, 872 sqft each side) in 76708 and hired a PM. It's been 4 months and no tenants! We've got well staged photos, lowered the rents to match market comps, and applied for section 8. The PM listed the property on Zillow, Realtor, Rents.com, Apartments.com, and Facebook. PM keep saying it's just been slow, we've had a few showings but no luck. PM says the tenants say the property is too small.
What else could we be doing? Switch PMs? Keep lowering rents? Other options to consider?
Much appreciated, thanks!